EFFECTIVE STRATEGIC BUSINESS PROBLEM ANALYSIS THROUGH ALGEBRAIC METHODS AND MECE FRAMEWORK

Abstract

This article proposes a new method for solving complex business problems by combining algebraic methods with MECE principles. MECE stands for Mutually Exclusive, Collectively Exhaustive, and it emphasizes the importance of dividing a problem into non-overlapping and comprehensive parts. The algebraic method involves using mathematical equations and symbols to represent variables and relationships in the problem.

The article argues that by combining these two approaches, businesses can gain a deeper understanding of complex problems and develop more effective solutions. The algebraic method helps to structure the problem and identify key relationships, while MECE principles ensure that all possible causes and solutions are considered. The article outlines a step-by-step guide for applying this combined method. The article also includes a case study to illustrate how this method can be used in practice.

This article provides a valuable framework for businesses looking to improve their problem-solving capabilities. By combining algebraic methods with MECE principles, businesses can gain a more structured and comprehensive approach to solving complex problems.